Home » Industrial, Major Trends and Insight, Video » The New Industrial Revolution


September 6, 2012

The New Industrial Revolution

Traditionally, manufacturing has been outsourced on a global level as a cost saving effort. However, a new manufacturing trend has emerged in recent years called 'nearshoring', with manufacturers locating production facilities closer to their end markets. Sarah Boumphrey, Head of Countries and Consumers Research at Euromonitor, states that nearshoring is a result of technological progress as new manufacturing technology is developed and can be cost effective for manufactures to produce goods in high wage countries.

Watch this video on Youtube


« Growth in Antimicrobials Boosted by the Fear Factor | Main | Hear Euromonitor Speak at PayTECH 2012 »

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Subscribe

 RSS Feed

Receive New Posts via Email:

 

Join us on...

Filter by Category

Filter by Geography

Filter by Industry

Recent Posts

Russia: Current Challenges and Long Term Opportunities in Retail Tissue and Hygiene

Why the Changing US Grocery Retail Market Underpins the Kraft and Heinz Merger

Fashion Friday: Fashion and Technology Companies: Competitors or Partners in the Wearables Market?

Has Internet Access Become a Basic Human Right?

The Link Between Alcoholic Drink Consumption and Analgesics and Slimming Products in Latin America

La relación entre bebidas alcohólicas, analgésicos y productos para adelgazar en Latinoamérica

RTDs in Russia: Red Alert for Stimulants in Moscow

Despite healthier rhetoric, better branding and marketing drive Lithuanian soft drinks

Kraft and Heinz Merger a Cost Cutting Story

Euromonitor International CEO Tim Kitchin to speak at the WTTC Global Summit 2015